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Bypassing Globalization: Barter markets as a new indigenous economy in Peru

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Abstract:

Many in development are disenchanted with the concept of ‘sustainable development’, which perpetuates the idea of infinite growth and overreliance on markets for improved well-being. Alejandro Argumedo and Michel Pimbert explore the non-monetized barter markets developed by the Quechua peoples of the Peruvian Andes. They reflect the local philosophy of social reciprocity and ecological equilibrium and can inspire others seeking to support local food sovereignty, ecological diversity and economies based on solidarity rather than greed.

Document Type: Research Article

DOI: https://doi.org/10.1057/dev.2010.43

Publication date: 2010-09-01

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